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Hattori Hanzo

11/10/12 12:55 PM

#7311 RE: bawanyh #7306

Wrong

Hattori Hanzo

11/10/12 1:00 PM

#7316 RE: bawanyh #7306

Now look at the REAL short report

http://otcbb.com/asp/OTCE_Short_Interest_popup.asp?Symbol=AMBS%20&StlmtDt=10/31/2012


Squeeze them 14k dry. :-D

cjstocksup

11/10/12 1:39 PM

#7365 RE: bawanyh #7306

I love it. We have an email that confirms nothing has changed, they prematurely sent out some information in a AMBS PR last week that should have waited until Dec. So what. We know what we have to look forward to. Then entire float traded twice last week all at new highs with an average PPS of .055. We are set up on the charts after the 60% Fib retrace and the RSI resetting to run to possibly .20's to .30's on this next leg up on the charts based on the initial run. IMO we see teens to .20's easy this week. The update on the MJFF was very professional and transparent and nothing has changed! There was no bad news that could cause any type of sell off. It has all been good news! People do your DD and know what you own. Alot of desperate shorts are bleeding very red as you can see by the charts and daily shorting that began when they hit the Reg Sho list in Oct. The short covering alone on the next leg up could easily take us to new 52 week highs in the .20's.

sevenOdouble

11/10/12 8:12 PM

#7470 RE: bawanyh #7306

Sorry bro but thats a misconception, or urban myth, whatever you want to call it. The FINRA RegSHO #'s cannot be relied upon, nor any websites that utilizes them as a tool or measurement of knowing how many shares are effectively shorted! The only reliable source is the bi-weekly short #'s on the OTC & the FINRA board: http://www.otcbb.com/asp/OTCE_Short_Interest.asp (scroll to the bottom, or hit 'End' & type in the ticker of your choice)

When a trade is made shares have to be cleared (T3) and shares that are not cleared at the end of the day end up on the RegSHO as being short, but in fact they're just shares long waiting to be cleared. Thats why the RegSHO is always so bloated, and therefore cannot be relied upon to give you an accurate picture of how many are effectively shorted. Never! Just to give you an example, not so long ago I saw a stock with 100k volume and somebody posted the RegSHO as 'alleged' proof of how many shares were shorted and the (false) short #'s showed 130k. Pretty hard to short 130k shares when there was only 100k volume that day. Having said that, this doesn't mean that retail & MM's shorts don't appear among those #'s, because they do, but since unsettled trades end up designated as shorts as well one can never be sure how many shares were really shorted. FINRA should do something about that so traders/investors have a better mean of assessing the effective amount shorted at any given day, because the bi-weekly report isn't really useful either since it trails more than 14 days...